{"id":216,"date":"2026-05-07T06:23:43","date_gmt":"2026-05-07T06:23:43","guid":{"rendered":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/?p=216"},"modified":"2026-05-07T06:34:43","modified_gmt":"2026-05-07T06:34:43","slug":"216-2","status":"publish","type":"post","link":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/216-2\/","title":{"rendered":"Advancing ONCM Pilot Foundations: Strategic Engagements"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"216\" class=\"elementor elementor-216\">\n\t\t\t\t<div class=\"elementor-element elementor-element-76b2237a e-flex e-con-boxed e-con e-parent\" data-id=\"76b2237a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3d67db45 elementor-widget elementor-widget-text-editor\" data-id=\"3d67db45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\n<h2 class=\"wp-block-heading\"><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b1612a5 e-flex e-con-boxed e-con e-parent\" data-id=\"b1612a5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-950efdc elementor-widget elementor-widget-text-editor\" data-id=\"950efdc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A series of engagements in New Delhi on 8<sup>th<\/sup> April 2026 marked continued progress on the Open<\/p>\n<p>Network for Carbon Markets (ONCM) as it moves into the pilot development stage. Ms. Chaitrali Bhoi (Project Lead ONCM) and Prof. R. Srinivasan, (Chairperson IIMB CDPG) met with key institutional stakeholders to align the ONCM\u2019s emerging digital architecture with regulatory, ecological, and market considerations under India\u2019s Carbon Market and Climate Policy<\/p>\n<p>Discussions with Shri Saurabh Diddi (Director at the Bureau of Energy Efficiency), focused on market structure, implementation pathways, and the regulatory context shaping carbon market operations in India. , Team had opportunity to meet \u00a0Shri Anand Mohan, (CEO of National CAMPA Ministry of Environment, Forest and Climate Change exploring the potential pathways for collaboration of ONCM\u2019s framework with forestry-linked carbon supply and land-use systems.<\/p>\n<p>Further engagements with Mr. Arnab Mandal (Tata Trusts) explored ecosystem alignment, pilot readiness, and institutional participation.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-230 size-full\" src=\"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-content\/uploads\/2026\/05\/Untitled-1.jpg\" alt=\"\" width=\"1500\" height=\"1000\" srcset=\"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-content\/uploads\/2026\/05\/Untitled-1.jpg 1500w, https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-content\/uploads\/2026\/05\/Untitled-1-300x200.jpg 300w, https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-content\/uploads\/2026\/05\/Untitled-1-1024x683.jpg 1024w, https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-content\/uploads\/2026\/05\/Untitled-1-768x512.jpg 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/p>\n<p>\u00a0<\/p>\n<p>At the <strong>Networks for Humanity<\/strong> (NFH) office on 16<sup>th<\/sup> April 2026, ONCM team had the opportunity to engage with Dr. <strong>Pramod Varma<\/strong>\u00a0 along with NFH Team and share the vision of the Open Network for Carbon Markets (<strong>ONCM<\/strong>), being enabled through the NFH Fabric (<strong>Beckn<\/strong> Protocol and <strong>Finternet<\/strong>).<br \/>Discussing the technological feasibility of such a population-scale initiative with him was both grounding and motivating. It reaffirmed that while the ambition is large, the direction is meaningful and worth pursuing with even greater rigour and speed.<br \/>Additionally, team had the opportunity to interact with Mr. Pramod Mishra, who has been anchoring work on India\u2019s carbon market with Bureau of Energy Efficiency (\u090a\u0930\u094d\u091c\u093e \u0926\u0915\u094d\u0937\u0924\u093e \u092c\u094d\u092f\u0942\u0930\u094b) and Ministry of Power Govt of India, along with Mr. Santosh K Singh, Managing Director of Intellecap, where discussions contributed to further realignment of the ONCM framework with evolving market and institutional perspectives. Across these consultations, there was a consistent emphasis on enabling inclusive market access, ensuring interoperability, and building transparent participation frameworks, positioning ONCM as a foundational digital layer for equitable carbon market development.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A series of engagements in New Delhi on 8th April 2026 marked continued progress on the Open Network for Carbon Markets (ONCM) as it moves into the pilot development stage. Ms. Chaitrali Bhoi (Project Lead ONCM) and Prof. R. Srinivasan, (Chairperson IIMB CDPG) met with key institutional stakeholders to align the ONCM\u2019s emerging digital architecture [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":218,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/posts\/216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/comments?post=216"}],"version-history":[{"count":16,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/posts\/216\/revisions"}],"predecessor-version":[{"id":236,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/posts\/216\/revisions\/236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/media\/218"}],"wp:attachment":[{"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/media?parent=216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/categories?post=216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iimb.ac.in\/cdpg\/digest\/wp-json\/wp\/v2\/tags?post=216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}